Reducing Poverty & Inequality

Only 62 people own more than half the wealth in the world, and over 2 billion people are living on less than $2 a day. This is unjust and unsustainable — it’s time to do something to change the way money works. Grantcoin is a new currency that’s distributed into circulation as a Universal Basic Income. By growing the money supply equitably, we can systematically reduce poverty and inequality.

Backed by Tax-Exempt Nonprofit

The Grantcoin Foundation was established in 2015 to distribute Grantcoin according to the project's charitable goals. We are a U.S.-based 501(c)(3) public charity — and Grantcoin is the first cryptocurrency to be managed and distributed by such an organization. The Grantcoin Foundation uses 80% of tax-deductible donations to back the value of Grantcoin currency on markets where it trades.

Powered by Blockchain Technology

Grantcoin is an electronic currency based on a revolutionary technology called blockchain. Bitcoin was the first blockchain-based currency and has developed open-source tools for building people-powered financial networks. A blockchain is a decentralized public ledger — people anywhere in the world contribute computing power to process transactions and keep the ledger up to date.